Stein Mart, Inc. (SMRT)
| Market Cap | 3.59M |
| Revenue (ttm) | 1.06B |
| Net Income (ttm) | -80.15M |
| Shares Out | 47.46M |
| EPS (ttm) | -1.69 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | Aug 21, 2020 |
| Last Price | $0.0739 |
| Previous Close | $0.1130 |
| Change ($) | -0.0391 |
| Change (%) | -34.60% |
| Day's Open | - |
| Day's Range | 0.0700 - 0.1140 |
| Day's Volume | 35,966,110 |
| 52-Week Range | 0.0700 - 0.9290 |
News
The past few weeks have produced a consistent stream of bad news for department stores: There’s no indication that’s going to end anytime soon
Stein Mart has filed for bankruptcy and now the retailer is kicking off going-out-of-business sales at all of its stores. Deals are for up to 30% off merchandise.
It might have been a curse when Stein Mart described itself as the “Neiman Marcus of Discounters.” On Tuesday morning, the retailer filed for Chapter 11 bankruptcy protection.
Stein Mart becomes the latest retailer to seek bankruptcy protection, but one of the few vowing to also largely get out of the brick and mortar business.
Discount retailer Stein Mart has filed for bankruptcy and plans to close most of its nearly 300 stores.
Stein Mart Inc. SMRT, -2.13% announced it has filed for chapter 11 bankruptcy on Wednesday, sending shares down 35.4% in premarket trading.
The off-price chain Stein Mart announced Wednesday it has filed for Chapter 11 bankruptcy protection and plans to permanently close most, if not all, of its stores, adding to the turmoil in a ...
JACKSONVILLE, Fla., Aug. 12, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that it and its subsidiaries (collectively, the “Company”) have filed voluntary petition...
Stein Mart, Inc. (SMRT) CEO Hunt Hawkins on Q1 2020 Results - Earnings Call Transcript
Stein Mart (SMRT) earnings for the company's fiscal first quarter of 2020 have SMRT stock taking a beating after-hours Tuesday. The post Stein Mart Earnings: SMRT Stock Tumbles 17% on Poor Q1 ...
JACKSONVILLE, Fla., June 30, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for the first quarter ended May 2, 2020 and provided an update on its ...
JACKSONVILLE, Fla., June 03, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (Nasdaq: SMRT) today provided sales and a range of operating results for the first quarter ended May 2, 2020. The Compa...
Launches Contactless Curbside Pickup Launches Contactless Curbside Pickup
JACKSONVILLE, Fla., April 20, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that it qualifies for recently announced temporary relief from compliance with The Nasd...
Stein Mart, Inc. SMRT, +1.92% and Kingswood Capital Management said late Friday they have mutually agreed to end their deal to take the Florida-based retailer private due to the uncertainty br...
JACKSONVILLE, Fla. and LOS ANGELES, April 16, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) (“Stein Mart”) and Kingswood Capital Management, L.P. (“Kingswood”) today announced tha...
JACKSONVILLE, Fla., March 31, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today provided an update on actions it is taking, following its initial March 18, 2020 announcement rel...
JACKSONVILLE, Fla., March 18, 2020 (GLOBE NEWSWIRE) -- In response to the coronavirus (COVID-19) outbreak, Stein Mart, Inc. (NASDAQ: SMRT) today announced that it will temporarily close all ...
The news that the troubled off-price hybrid retailer is going private via an equity buy-out raises the question once more whether this is any way to run a store
Discount retailer Stein Mart Inc. SMRT, +1.59% has agreed to be taken private by a unit of Kingswood Capital Management LP for 90 cents a share in cash, the company said Friday.
Stein Mart Shareholders to Receive $0.90 per Share in Cash
JACKSONVILLE, Fla., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced that it received approval from the Listing Qualifications Department of The Nasdaq Stock...
Donations Bring the Joy of Christmas to Underserved Children Donations Bring the Joy of Christmas to Underserved Children
Stein Mart's (SMRT) third-quarter sales decline on lower store count. However, management is hopeful about the company's fourth-quarter performance.
Stein Mart, Inc. (SMRT) CEO Hunt Hawkins on Q3 2019 Results - Earnings Call Transcript
Featuring Diamonds, Gemstones and Pearls Featuring Diamonds, Gemstones and Pearls
A strong U.S. consumer can't save all retail stocks.
Donations Benefit the American Heart Association and American Red Cross Donations Benefit the American Heart Association and American Red Cross
Cardholders Now Earn Rewards Twice as Fast! Cardholders Now Earn Rewards Twice as Fast!
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Stein Mart Inc. SMRT, +1.86% said Tuesday that it is launching buy online, pickup in store (BOPIS) service at all 283 locations nationwide.
First U.S. Off-Price Retailer to Offer BOPIS Service First U.S. Off-Price Retailer to Offer BOPIS Service
Stein Mart Inc. said Monday that it has launched a kids department in most of its stores and on its e-commerce site.
New Category Delivers Brands and Value for Babies, Girls and Boys New Category Delivers Brands and Value for Babies, Girls and Boys
Stein Mart, Inc. (SMRT) CEO Hunt Hawkins on Q2 2019 Results - Earnings Call Transcript
JACKSONVILLE, Fla., Aug. 21, 2019 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) today announced financial results for the second quarter ended August 3, 2019.
Stein Mart, Inc. (SMRT) CEO Hunt Hawkins on Q1 2019 Results - Earnings Call Transcript
Another brick-and-mortar retailer is turning to Amazon to help save its struggling business. Today, discount chain operator Stein Mart announced it will install Amazon Hub lockers in nearly 20...
Stein Mart Inc. SMRT, +45.27% stock soared 45% in Tuesday trading after the off-price retailer announced that it will install Amazon.com Inc.
About SMRT
Stein Mart, a specialty omnichannel off-price retailer, offers designer and name-brand fashion apparels, home du00e9cor merchandise, accessories, and shoes at everyday discount prices in the United States. The company's stores also provides endless aisle, a mobile technology to locate products; a SMart Rewards loyalty program; co-branded and private label credit card programs; and electronic gift cards. As of June 3, 2020, it operated 281 stores in 30 states. The company also sells its products through an online retail selling site. Stein Mart,... [Read more...]
| Industry Apparel Retail | IPO Date Apr 22, 1992 |
| CEO David Hunt Hawkins | Employees 5,000 |
| Stock Exchange NASDAQ | Ticker Symbol SMRT |
Financial Performance
In 2019, Stein Mart's revenue was $1.24 billion, a decrease of -2.85% compared to the previous year's $1.27 billion. Losses were -$10.46 million, 69.6% more than in 2018.